On August 17, Fu Linghui, press spokesman of the National Bureau of Statistics, chief economist, and director of the National Economic Comprehensive Statistics Department, said at the press conference of the State Information Office that fixed asset investment declined year-on-year in the first seven months of this year. This was due not only to the impact of high temperatures and torrential rain in some regions on project construction, but also to the complex and severe external environment and the phased effects of domestic economic transformation and adjustment. Fu Linghui said that looking at the current investment situation, we must not only look at changes in growth rate, but also pay attention to the structure, quality and efficiency of investment. Since this year, with the strengthening of the leading role of innovation and the release of policy effectiveness, the key role of investment in promoting transformation, strengthening the foundation, and benefiting people's livelihood has become increasingly prominent, as evidenced by the expansion and quality of investment in new tracks, continued increase in investment in key areas, and increased investment in benefiting people's livelihood. China's investment structure continues to be optimized and quality is steadily improving, which is conducive to strengthening the momentum of economic development.

On August 17, Fu Linghui, press spokesman of the National Bureau of Statistics, chief economist, and director of the National Economic Comprehensive Statistics Department, said at the press conference of the State Information Office that fixed asset investment declined year-on-year in the first seven months of this year. This was due not only to the impact of high temperatures and torrential rain in some regions on project construction, but also to the complex and severe external environment and the phased effects of domestic economic transformation and adjustment. Fu Linghui said that to look at the current investment situation, we must not only look at changes in growth rate, but also pay attention to the structure, quality and efficiency of investment. Since this year, with the strengthening of the leading role of innovation and the release of policy effectiveness, the key role of investment in promoting transformation, strengthening the foundation, and benefiting people's livelihood has become increasingly prominent, as evidenced by the expansion and quality of investment in new tracks, continued increase in investment in key areas, and increased investment in benefiting people's livelihood. China's investment structure continues to be optimized and quality is steadily improving, which is conducive to strengthening the momentum of economic development.